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Feb 19, 2013
02/13
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WMAR
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economy. in short, u.s. investigators are accused china of economic espionage, of stealing research and design. this allows them to compete without stealing billions on innovation and product development. if this is true, americans should care because it's costing them countless jobs. they are calling this the biggest transfer of wealth in history. >> we saw one of a cyber pearl harbor. and the white house is preparing to take action. >> reporter: this week, they are announcing plans to help private companies in identifying and mitigating such attacks, george. >>> we're going to go to the white house, where president obama will appear later this morning, to warn against the next budget crisis that's coming fast. automatic spending cuts to hit every government program in just ten days. abc's jon karl has more on what we expect to hear from the president. good morning, jon. he's going to ratchet up the pressure on congress. >> reporter: he sure is. he's trying to shame congress to do something to replace the c
economy. in short, u.s. investigators are accused china of economic espionage, of stealing research and design. this allows them to compete without stealing billions on innovation and product development. if this is true, americans should care because it's costing them countless jobs. they are calling this the biggest transfer of wealth in history. >> we saw one of a cyber pearl harbor. and the white house is preparing to take action. >> reporter: this week, they are announcing...
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Feb 20, 2013
02/13
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WMAR
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sanctions against this economy have crippled the economy here. and just days away, now, from iran returning to the negotiating table over its nuclear program. as you point out, in a rare move, they've allowed us in to report from the streets of tehran. this is a tenuous time here, just days before iran returns to the nuclear negotiating table with the u.s. and others, since talks collapsed eight months ago. this morning, as we drove through this city of 12 million, it is a city squeezed, not only by the traffic, but by the economic sanctions, led by the u.s. some of the cars clogging these streets, tripling in price. it's groceries, medicine, if you're lucky enough to find it. as we were going into the subway, it is a proud republic, where the roles of men and women are still well defined. and the front car says women-only right here. many say the currency is in a free-fall. and there's fears among many here that the economy is heading towards collapse. but will the sanctions work? iran's supreme leader, ayatollah khamenei, speaking to americans
sanctions against this economy have crippled the economy here. and just days away, now, from iran returning to the negotiating table over its nuclear program. as you point out, in a rare move, they've allowed us in to report from the streets of tehran. this is a tenuous time here, just days before iran returns to the nuclear negotiating table with the u.s. and others, since talks collapsed eight months ago. this morning, as we drove through this city of 12 million, it is a city squeezed, not...
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Feb 20, 2013
02/13
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MSNBCW
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spending at a time when the economy is already too weak as far as i'm concerned. so this is exactly the opposite of what we ought to be doing. >> ezra there is a new simpson-bowles plan out today, of sorts. you talked to erskine bowles today, what is their approach? >> it is really striking, the simpson-bowles one had more tax increases than president obama ever called for. if you did it now, jared's organize has done great work showing it. if you put it into place now we would raise taxes, not by $650 billion as we did in the fiscal cliff deal. we would raise it by 2 trillion, the new simpson-bowles plan because that is sort of off the table, they cut the tax to $1.3 trillion, so it went way, way to the far right on taxes, to be fair that is where president obama is currently is. but to be fair while they say they split the taxes between president obama and john boehner, they actually increased what boehner was asking for. in the final element of the fiscal deal boehner asked for including savings in interest, 1.2, the new simpson-bowles includes $1.7 in spending
spending at a time when the economy is already too weak as far as i'm concerned. so this is exactly the opposite of what we ought to be doing. >> ezra there is a new simpson-bowles plan out today, of sorts. you talked to erskine bowles today, what is their approach? >> it is really striking, the simpson-bowles one had more tax increases than president obama ever called for. if you did it now, jared's organize has done great work showing it. if you put it into place now we would...
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Feb 19, 2013
02/13
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MSNBC
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it will have a very negative effect on the economy. if you're running a business and you have to fly salespeople or engineers around the country, you're going to discover with 4,000 fewer air traffic controllers, that plane may not get there. all across the economy, this is going to be a terrible problem because this is government spending, ed, that allows the private sector to prosper and to grow. it's commonwealth spending for common good. >> is there any way to suggest that the stimulus did not help pull us out of a recession? had we not done it, where would we be? >> had we not done it we would be in a terrible disaster. we lost trillions of dollars of wealth, and yet we didn't have rampant homelessness. why? because the stimulus included money to make sure that people who were going to lose their homes, especially with children, didn't end up on the streets. that is certainly not good. >> if we go down the road with the sequester, and the cuts kick in, i mean, are we going to go right back into a recession? and how fast would it h
it will have a very negative effect on the economy. if you're running a business and you have to fly salespeople or engineers around the country, you're going to discover with 4,000 fewer air traffic controllers, that plane may not get there. all across the economy, this is going to be a terrible problem because this is government spending, ed, that allows the private sector to prosper and to grow. it's commonwealth spending for common good. >> is there any way to suggest that the...
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Feb 17, 2013
02/13
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WUSA
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the new ram 1500 with best-in-class fuel economy. guts. glory. ram. motor trend's 2013 truck of the year. ♪ digiorno? or delivery? taste for yourself why the shortest distance between you and a delicious, fresh-baked pizza, is your oven. thankfully, it's not delivery. it's digiorno. humans. even when we cross our t's and dot our i's, we still run into problems. namely, other humans. which is why at liberty mutual insurance, auto policies come with new car replacement and accident forgiveness if you qualify. see what else comes standard at libertymutual.com. liberty mutual insurance. responsibility. what's your policy? >> 75 years of ncaa march madness presented by dove for men. ucla entered the 1974 ncaa tournament as the defending national champions but had their streak end in the semifinals against n.c. state. david thompson had 28 points to rally the wolfpack from an 11-point deficit to win in double overtime. n.c. state went on to win the championship over marquette. go to ncaa.com/march madness and vote for the all time march madness players, t
the new ram 1500 with best-in-class fuel economy. guts. glory. ram. motor trend's 2013 truck of the year. ♪ digiorno? or delivery? taste for yourself why the shortest distance between you and a delicious, fresh-baked pizza, is your oven. thankfully, it's not delivery. it's digiorno. humans. even when we cross our t's and dot our i's, we still run into problems. namely, other humans. which is why at liberty mutual insurance, auto policies come with new car replacement and accident forgiveness...
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Feb 24, 2013
02/13
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FOXNEWSW
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you can't keep giving tax cuts to the wealthy and think that's going to turn around an economy -- >> what we need is real tax reform and that is lowering the -- making the tax a level playing field so everybody has skin in the game. how about a flat tax so everyone is involved and stap redistributing the wealth? hour government can't cut 2% from spending. i think it's outrageous. but the tea party people will be waiting for this tour to come about and these cities across the country. we will be waiting -- >> what are they going to do? >> we wanted less spending and lower government involvement -- [overlapping dialogue] >> jamie: chris? >> i hate to burst your bubble, but if the tea party was such a powerful political force, you would have shown it in the last election, you are losing in state after that -- >> the tea party is well on the case i. let me finish -- [overlapping dialogue] >> jamie: chris? >> the fundamental problem i think facing the tea party is that they don't make mathematical sense. you cannot have a multi-trillion-dollar deficit and debt problem that you can solve -
you can't keep giving tax cuts to the wealthy and think that's going to turn around an economy -- >> what we need is real tax reform and that is lowering the -- making the tax a level playing field so everybody has skin in the game. how about a flat tax so everyone is involved and stap redistributing the wealth? hour government can't cut 2% from spending. i think it's outrageous. but the tea party people will be waiting for this tour to come about and these cities across the country. we...
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Feb 21, 2013
02/13
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FBC
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wal-mart tells the economy's story. what's going on here? well, start with gas prices, up again today, by the way. up nearly 50 cents this year, you can't spend at wal-mart when your gas costs so much more, so suddenly. and then there's taxes up for everyone as of january the 1st. you spend less when your paycheck shrinks, throw in rising unemployment and a president who wants another round of tax hikes and you've got a weak economy. telling me, really? is it all the republicans fault? "varney & company" is about to begin. [ male announcer] surprise -- you're having iplets. [ babies crying ] surprise -- your house was built on an ancient burial ground. [ ghosts moaning ] surprise -- your car needs a new ansmission. [ coyote how ] how about no more surprises? now you can get all the online trading tools you need without any surprise fees. ♪ it's not rocket science. it's just common sense. from td ameritrade. >> all eyes on the market this morning. question, will the selloff continue? remember, two federal reserve governors say not so fast o
wal-mart tells the economy's story. what's going on here? well, start with gas prices, up again today, by the way. up nearly 50 cents this year, you can't spend at wal-mart when your gas costs so much more, so suddenly. and then there's taxes up for everyone as of january the 1st. you spend less when your paycheck shrinks, throw in rising unemployment and a president who wants another round of tax hikes and you've got a weak economy. telling me, really? is it all the republicans fault?...
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Feb 23, 2013
02/13
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CNBC
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the economy boomed. that's your model. >> but it's the sequester, which means you that can't cut spending smartly. it's just across-the-board random cuts. i'm for cuts. i'm one that will agree that we do have to cut spending. but we've got to do it in a balanced way. we've got to cut spending. i don't think anyone will argue that. we cut spending before in the budget control act. we cut some spending. but we do believe it's got to be done in a balanced way, that we cut spending because the ultimate goal is to have a balanced budget. cut spending and find more revenue, collect it together. >> i knew the r word was coming. >> absolutely. >> i knew the r word was coming. it was coming up here. bob costa, let me just ask you. i'm looking at the late posting on the "new york times" website. democrats press gop to start talks to avert budget crisis. this is with six days to go. but in the democratic plan is the r word, revenues. haven't we dismissed that? is there anything in this report at all? >> i think the
the economy boomed. that's your model. >> but it's the sequester, which means you that can't cut spending smartly. it's just across-the-board random cuts. i'm for cuts. i'm one that will agree that we do have to cut spending. but we've got to do it in a balanced way. we've got to cut spending. i don't think anyone will argue that. we cut spending before in the budget control act. we cut some spending. but we do believe it's got to be done in a balanced way, that we cut spending because...
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Feb 20, 2013
02/13
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KNTV
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. >>> up next, minimum age workers could get a pay raise but will it help or hurt the economy? sam brock takes a look in tonight's reality check. >>> also, from spring training, trading in microphones. >>> a valentine's day tale for the ages. a local couple that became quasi heroes for doing the right thing. >>> and good evening. i'm jeff ranieri in the nbc bay area weather center tracking this storm for tonight. we've had it all -- lightning, hail, low snow. more rain across the santa cruz mountains. we'll let you know how long that will stick around. if you're curious about how much rainfall we have had, anywhere from a quarter to over a half inch in the castro valley. >>> a valentine's day surprise that didn't come in a blue box or a vase. instead it came in a camera case. joe rosato jr. shows us there are more than just valuable memories inside. >> there's me. >> reporter: like so many other couples on valentine's day, carlos and barbara were looking for a little romance. >> it was valentine's day, february 14th. and my husband says, let's go to san francisco. >> reporter:
. >>> up next, minimum age workers could get a pay raise but will it help or hurt the economy? sam brock takes a look in tonight's reality check. >>> also, from spring training, trading in microphones. >>> a valentine's day tale for the ages. a local couple that became quasi heroes for doing the right thing. >>> and good evening. i'm jeff ranieri in the nbc bay area weather center tracking this storm for tonight. we've had it all -- lightning, hail, low snow....
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Feb 22, 2013
02/13
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CSPAN
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this has to do with a rotten economy. older adults are staying in the work force longer any younger adults staying out of the work force longer because they cannot get into it. host: if you don't have a retirement, there is this option -- norman is joining us from maryland, 45 years old. how much have you saved so far for your retirement? caller: first, thanks for having an article on this subject. i have been waiting for this opportunity. i have $2,800 in my 401k plan. i am wanting your opinion for people my age. i was born in 1968. it seems we are at the tail end of the pension plans and profit- sharing and at the front end of all the financial crises in the country. people my age, it seems we were never able told the 10% we were told, the city to hold 10% your entire working life for your retirement. between jobs and layoffs -- and i have always been fortunate to make as much as college graduates, but between the jobs and layoffs throughout my work life and the clinton era taxes and everything -- i'm not blaming him, i
this has to do with a rotten economy. older adults are staying in the work force longer any younger adults staying out of the work force longer because they cannot get into it. host: if you don't have a retirement, there is this option -- norman is joining us from maryland, 45 years old. how much have you saved so far for your retirement? caller: first, thanks for having an article on this subject. i have been waiting for this opportunity. i have $2,800 in my 401k plan. i am wanting your...
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Feb 24, 2013
02/13
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CSPAN
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above all, you have to get the economy growing. that creates jobs and revenue from economic growth, not higher taxes. president obama not only once higher taxes, he is actually preventing economic growth in private sector and job creation. he is blocking it with more regulation, red tape, and bureaucracy. host: senator john hoeven in the weekly -- hogan in the response to the weekly address. both sides have their talking points down pretty well. sequestration will kick in and then what? guest: people who are affected will begin to feel some of the effects from it when they do not get checks. host: the layoffs at the pentagon did not take effect until late april, correct? guest: a lot of this stuff will not happen for months. if there are many things they begin to think and to be unjust, and an opportunity to do a fix. we are going to have a lot of the same period a lot of the gaming and trying to figure out whose political advantage is it is to take advantage of. host: this is from one of our viewers. raising taxes is not unnecessa
above all, you have to get the economy growing. that creates jobs and revenue from economic growth, not higher taxes. president obama not only once higher taxes, he is actually preventing economic growth in private sector and job creation. he is blocking it with more regulation, red tape, and bureaucracy. host: senator john hoeven in the weekly -- hogan in the response to the weekly address. both sides have their talking points down pretty well. sequestration will kick in and then what? guest:...
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Feb 23, 2013
02/13
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KNTV
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si silicon valley's economy is red-hot these days and thanks to what's going on here, so is the stock market. coming up, why some say the government could bring it all tumbling down. >>> we have two big stories tonight that have to do with your money. one, a red-hot stock market led by bay area companies, the other $85 billion in federal cuts set to go into effect in about a week. >> can one affect the other? for that we bring in our business and tech reporter scott budman. scott, things are going well. is the government about to spoil things? >> reporter: that was the concern, jessica, until recently. after all, like you said, $85 billion in government cuts looming over our stock market, but if you look at stock market gains recently, you'll see they were fueled largely by gains in the tech industry. today, for example, the stock market rose to 14,000 at the close. google up to $800 a share. again, a big day for chip and biotech companies, even hp gained 12%. financial experts tell us no matter what the government does or doesn't do tech is likely to stay hot for some time. thanks to
si silicon valley's economy is red-hot these days and thanks to what's going on here, so is the stock market. coming up, why some say the government could bring it all tumbling down. >>> we have two big stories tonight that have to do with your money. one, a red-hot stock market led by bay area companies, the other $85 billion in federal cuts set to go into effect in about a week. >> can one affect the other? for that we bring in our business and tech reporter scott budman....
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Feb 21, 2013
02/13
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CNNW
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in 2010 when we drove the message about the economy we won big. when we started the social,with the republican party driving the messaging, we lost. we need to stick to what affects all of us, and that's the economy. but the 14th amendment gives all equal rights. so when we're talking about gay marriage and the other issues, the federal government doesn't need to be involved in that decision. that -- gay marriage and marriage in general need to be something that is the church decides. the government shouldn't be involved in this. but at the end of the day, that's why the 10th amendment is there, to put it back in states rights. no one has a constitutional right to marriage. we're all created equal under the 14th amendment. >> l.z., the beginning part of the answer you were smiling, why? >> well, only because once the tea party got into power, we saw a significant spike in the pieces of legislation dealing with abortion, which is a social issue. so i don't think necessarily it's all about the money. i think there's definitely a tie in with social i
in 2010 when we drove the message about the economy we won big. when we started the social,with the republican party driving the messaging, we lost. we need to stick to what affects all of us, and that's the economy. but the 14th amendment gives all equal rights. so when we're talking about gay marriage and the other issues, the federal government doesn't need to be involved in that decision. that -- gay marriage and marriage in general need to be something that is the church decides. the...
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Feb 21, 2013
02/13
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WJLA
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eye 124
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house democrats leading a on house the will affect the economy. take effect on march 1 from left the white house and congress find a way to stop them. if they go through, the d.c. hard.ould be hit news channel 8 will have an in- depth report on the impact at the top of the hour. here is jamee whitten with what's happening on the roads. >> rock creek parkway, all lanes , athe southbound direction reported after beach drive merging onto the parkway. coming offis needed connecticut avenue. we have delays after the across thessing 110 14th street bridge. 395.ic cannot get to in springfield, a longstanding crash is gone. jacqui jeras has a look at the forecast. >> it's a beautiful day. on the chilly outside. very few clouds. we will see more sunshine than anything today. degrees. a wind chill of 18. 11 in hagerstown, 14 at dulles. culpeper feels like 20. mostly sunny today. be breezy. temperatures will make it in the 40's, but it will feel like 30. tomorrow we could steal little sleet mixing. >> thanks for joining us. sleet mixing. >>[ woman ] boyfrien
house democrats leading a on house the will affect the economy. take effect on march 1 from left the white house and congress find a way to stop them. if they go through, the d.c. hard.ould be hit news channel 8 will have an in- depth report on the impact at the top of the hour. here is jamee whitten with what's happening on the roads. >> rock creek parkway, all lanes , athe southbound direction reported after beach drive merging onto the parkway. coming offis needed connecticut avenue....